What's going on with SHIB?

 Shiba Inu Founder Ryoshi Deletes All Tweets, Blogs

There are only two real meme coins worth mentioning and one just lost its founder.

Ryoshi, the pseudonymous founder of Shiba Inu (SHIB), the dog-themed meme coin that followed in the footsteps of Dogecoin (DOGE), deleted all his tweets and blog posts. Ryoshi had alluded to the possibility of this happening on his blog, where he described himself as "just some guy of no consequence tapping at a keyboard." He also said that he may one day just delete everything and disappear — and he did just that.

Shytoshi Kusama, one of the core contributors to the Shiba Inu ecosystem said on Twitter that "SHIB will continue forward." He also bid Ryoshi farewell in a blog post that deals with the disappearance of the Shiba Inu founder.

The price of SHIB did not react particularly to the news, which is perhaps reflective of Ryoshi's hands-off approach to the project. The Shiba Inu founder never took an active role in the project, preferring to spur on the community in occasional blog posts. This reflected the approach of Dogecoin founder Jackson Palmer, who also preferred to let the community run the meme coin (while he was still actively involved).

The price of the SHIB token hasn’t been affected by Ryoshi’s sudden departure. It is currently up roughly 6%, according to data provided by CoinMarketCap.